Industry

Reports of Aston Martin attempting to go public by filing an initial public offering (IPO) date back as far as the brand’s sale by Ford in 2008 to a consortium led by Prodrive founder David Richards. Aston Martin is now in the midst of a massive expansion plan that calls for seven cars in... read more

Toyota and Panasonic announced on Wednesday their intention to study the feasibility of a battery joint venture. In a statement, the companies said the joint venture is... read moreDecember 14, 2017 by Viknesh Vijayenthiran

Since it was floated on the New York Stock Exchange in 2015, Ferrari has seen its shares rise from an opening price of $52 to 106.65 at the previous close. That’s... read moreDecember 13, 2017 by Viknesh Vijayenthiran

Japan’s three major automakers Toyota, Nissan and Honda have teamed up with local energy firms and the Japanese government to form a new company whose purpose is to... read moreDecember 12, 2017 by Viknesh Vijayenthiran

Budweiser brewer Anheuser-Busch wants its beer delivery process to be just a smidge more green. The company announced on Friday that it placed a pre-order for 40 Tesla Semis... read moreDecember 11, 2017 by Sean Szymkowski

A Chinese rival to ridesharing companies like Uber and Lyft may be about to set up shop in North America. According to Reuters’ sources, Didi Chuxing plans to expand... read moreDecember 8, 2017 by Viknesh Vijayenthiran

Ford in 2015 outlined plans for 13 new electrified cars to be launched by 2020, one of which will be an electric SUV with a range of 300 miles. The original plan was to build... read moreDecember 8, 2017 by Viknesh Vijayenthiran

One of the most important markets for automakers exists in China. There is an unstoppable force of buying power that is growing, and it's doing so on a massive scale. Every... read moreDecember 8, 2017 by Jeff Glucker

With the end of production of rear-wheel-drive, V-8-powered Holden Commodores in October, Australian tuning firm HSV no longer has access to suitable donor vehicles to... read moreDecember 7, 2017 by Viknesh Vijayenthiran

The Boring Company, one of many projects under Elon Musk's watch, has released a map showing where it imagines its first network of tunnels to run, if and when it receives... read moreDecember 7, 2017 by Sean Szymkowski

A second former Volkswagen Group employee has received a prison sentence in relation to the automaker’s diesel emissions cheating scandal. German citizen Oliver Schmidt... read moreDecember 7, 2017 by Viknesh Vijayenthiran

As part of its 2030 Vision strategy announced in June, Honda aims to have a car with Level 4 self-driving capability on sale by the year 2025. The target date is later than... read moreDecember 7, 2017 by Viknesh Vijayenthiran

Faraday Future won't necessarily end 2017 on a high note. The company's chief designer, Richard Kim, tendered his resignation on November 27, The Verge reported last Friday... read moreDecember 6, 2017 by Sean Szymkowski

For an automaker to embark on a new car or other project isn't a simple task. Foremost, it costs money, and developing a car isn't exactly inexpensive. So, BMW has a new way... read moreDecember 5, 2017 by Sean Szymkowski

The BMW Group is committed to launching 25 electrified cars by 2025, 12 of which will be battery-powered electrics. The automaker on Tuesday revealed the full schedule for... read moreDecember 5, 2017 by Viknesh Vijayenthiran

Oil giant Shell has teamed up with some of the world’s biggest automakers to deploy a fast-charging network spanning Europe. The network, called Ionity, is being rolled... read moreDecember 5, 2017 by Viknesh Vijayenthiran